first you have a great piece of legislation that sounds great before the election. obama care. then it was the wagner act for labor social security was the new thing. after the election the changes. only due in 1937 all of a sudden that money was gone from the economy that was one of the reasons why we are talking now. they had a depression within the depression. stock market went down. >> let's be specific here. before the break we said we could see another bubble. before we saw the housing bubble a few years ago. we know what that is. is the bubble the amount of money that will be taken out of the economy because of obama care? >> in 37 actions 38 thu had-- 3 37 they had a bubble. the year after the election it popped. we are doing our bubble right now. coming up a pop that would mean further unemployment. they had a downturn, this is the bubbly period. that's what the fed was doing when it put money into the economy prior to the election. they had a benefit for the election. interest rates are so low many people would say we are in a bubble. sounds strange because we don't f